20012 Federal Register / Vol. 72, No. 76 / Friday, April 20, 2007 / Notices 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

[REG–115393–98] 

Proposed Collection; Comment 

Request for Regulation Project 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice and request for 

comments. 

SUMMARY: The Department of the 

Treasury, as part of its continuing effort 

to reduce paperwork and respondent 

burden, invites the general public and 

other Federal agencies to take this 

opportunity to comment on proposed 

and/or continuing information 

collections, as required by the 

Paperwork Reduction Act of 1995, 

Public Law 104–13 (44 U.S.C. 

3506(c)(2)(A)). 

Currently, the IRS is soliciting 

comments concerning an existing final 

regulation, REG–115393–98 (TD 8816), 

Roth IRAs (§§ 1.408A–2, 1.408A–4, 

1.408A–5 and 1.408A–7). 

DATES: Written comments should be 

received on or before June 19, 2007 to 

be assured of consideration. 

ADDRESSES: Direct all written comments 

to Glenn P. Kirkland, Internal Revenue 

Service, room 6516, 1111 Constitution 

Avenue NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the regulations should be 

directed to Allan Hopkins at Internal 

Revenue Service, room 6516, 1111 

Constitution Avenue NW., Washington, 

DC 20224, or at (202) 622–6665, or 

through the internet at 

Allan.M.Hopkins@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Roth IRAs. 

OMB Number: 1545–1616. 

Regulation Project Numbers: REG–

115393–98. 

Abstract: The regulations provide 

guidance on establishing Roth IRAs, 

contributions to Roth IRAs, converting 

amounts to Roth IRAs, recharacterizing 

IRA contributions, Roth IRA 

distributions and Roth IRA reporting 

requirements. 

Current Actions: There is no change to 

this existing regulation. 

Type of Review: Extension of OMB 

approval. 

Affected Public: Individuals or 

households, business or other for-profit 

and not-for-profit organizations. 

Estimated Number of Respondents: 

3,150,000. 

Estimated Time Per Respondent: 1 

minute for designating an IRA as a Roth 

IRA. 30 minutes for recharacterizing an 

IRA contribution. 

Estimated Total Annual Burden 

Hours: 125,000. 

The following paragraph applies to all 

of the collections of information covered 

by this notice: 

An agency may not conduct or 

sponsor, and a person is not required to 

respond to, a collection of information 

unless the collection of information 

displays a valid OMB control number. 

Books or records relating to a collection 

of information must be retained as long 

as their contents may become material 

in the administration of any internal 

revenue law. Generally, tax returns and 

tax return information are confidential, 

as required by 26 U.S.C. 6103. 

Request for Comments: Comments 

submitted in response to this notice will 

be summarized and/or included in the 

request for OMB approval. All 

comments will become a matter of 

public record. Comments are invited on: 

(a) Whether the collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information shall have practical utility; 

(b) the accuracy of the agency’s estimate 

of the burden of the collection of 

information; (c) ways to enhance the 

quality, utility, and clarity of the 

information to be collected; (d) ways to 

minimize the burden of the collection of 

information on respondents, including 

through the use of automated collection 

techniques or other forms of information 

technology; and (e) estimates of capital 

or start-up costs and costs of operation, 

maintenance, and purchase of services 

to provide information. 

Approved: March 19, 2007. 

Glenn P. Kirkland, 

IRS Reports Clearance Officer. 

[FR Doc. E7–7473 Filed 4–19–07; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Revenue Procedure 2007–

XX 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice and request for 

comments. 

SUMMARY: The Department of the 

Treasury, as part of its continuing effort 

to reduce paperwork and respondent 

burden, invites the general public and 

other Federal agencies to take this 

opportunity to comment on proposed 

and/or continuing information 

collections, as required by the 

Paperwork Reduction Act of 1995, 

Public Law 104–13 (44 U.S.C. 

3506(c)(2)(A)). Currently, the IRS is 

soliciting comments concerning 

Revenue Procedure 2007–XX, Section 

6707/6707A Accelerated Appeals 

Procedure. 

DATES: Written comments should be 

received on or before June 19, 2007 to 

be assured of consideration. 

ADDRESSES: Direct all written comments 

to Glenn P. Kirkland, Internal Revenue 

Service, room 6516, 1111 Constitution 

Avenue, NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of revenue procedure should be 

directed to Allan Hopkins, at (202) 622–

6665, or at Internal Revenue Service, 

room 6516, 1111 Constitution Avenue, 

NW., Washington, DC 20224, or through 

the internet, at 

Allan.M.Hopkins@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Section 6707–6707A 

Accelerated Appeals Procedure. 

OMB Number: 1545–XXXX. 

Revenue Procedure Number: Revenue 

Procedure 2007–XX. 

Abstract: The collection of 

information this revenue procedure 

requires is necessary to administer the 

provisions of section 6707(c) and 

6707A(d) and to conduct Appeals 

procedures for those provisions. 

Current Actions: There are no changes 

being made to the revenue procedure at 

this time. 

Type of Review: This is a new 

collection. 

Affected Public: Individuals or 

households. 

Estimated Number of Respondents: 

860. 

Estimated Average Time Per 

Respondent: 30 min. 

Estimated Total Annual Burden 

Hours: 430. 

The following paragraph applies to all 

of the collections of information covered 

by this notice: 

An agency may not conduct or 

sponsor, and a person is not required to 

respond to, a collection of information 

unless the collection of information 

displays a valid OMB control number. 

Books or records relating to a collection 

of information must be retained as long 

as their contents may become material 

in the administration of any internal 

revenue law. Generally, tax returns and 

tax return information are confidential, 

as required by 26 U.S.C. 6103. 

Request for Comments: Comments 

submitted in response to this notice will 


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